CraigL

Fair enough.

@WuDu In the other thread, you mentioned that the Unibet site had 70% of the votes were for Donald Trump. Can you please post a screenshot of that or tell us where we can find the same number? This definitely explains why Unibet settled on Biden bets. Money grab in bad faith!

@Robpotz, do you have the capacity to actually do something?

This is what 3 of my bets look like. I bet $1 on Biden because I was having trouble placing bets for a while.

Can you share some of the screenshots of the change in descriptions?

There is mention of reasonable doubt in the email I posted. If Trump wins, hopefully we can rely on a violation of the 12th amendment for us to get paid.

[Deleted by original poster]

Based on the copy and pasted email above, it seems reasonable that they are basing the election payouts based on the Associated Press. The error with this is that AP does not determine the election results. It's the election laws that determine the outcome, so this decision by Unibet is outrageous... except to people who bet on Biden.

Here is a copy and pasted email that I received from Unibet Support: "Dear Craig, We understand your frustration, however, please check the reason why we had to settle the bets now as per our terms and conditions:On the main offer, Winning Candidate, it states: “Winner decided by who reaches the required number of Electoral Votes on Election day. If there is no clear winner on election day the offer will be settled as soon as a candidate is projected to win beyond reasonable doubt.” In the above description we have mentions of projections. This means that once we have a consensus among the big media companies (first and foremost AP, followed by NBC, CNN and FOX) that a candidate is projected to win the election we will be OK to settle it. But we will wait if that is required or if that projection is unavailable or is not a consensus projection (for example only 1 media company declares a winner).How long we will wait depends on the results themselves, we cannot predict that. We could be able to settle this at 3am tonight or we could end up settling this in December or anything in between. We will settle state offers by the same principles as mentioned above. Some states are very fast when counting, others are notoriously slow. We cannot predict this. Other issues that have circulated about potential settlements issues: Recounts - unless everything hinges on a particular state doing a recount this won't be an issue for the overall winner, but only for this particular state Wrong winner declared - That is why we will wait for a consensus in projections or as near to a consensus as possible. We won't settle based on what one media company says Loser not conceding - We don't really care about that. A loser not conceding, as long as he is a loser as per our rules is still a loser. This means we will settle all our bets when multiple sources have declared a winner. If this outcome gets changed at a later stage first official settlement will stand. Thank you very much for your understanding and we wish you a nice day! Best Regards, Vera

Interesting that people would bet on a 3% ROI. Wow. That's a very asymmetrical risk to reward ratio.

Can you elaborate on what your lawyer told you? I'm very curious as there's a pretty good chance that the election results will be overturned and Trump will win. What I suspect is happening (and I am speculating, not stating facts, so this is an opinion) is that Unibet or the traders (I'm new, so I don't know how the betting industry works) baited people to bet more on Trump with the crazy payouts I mentioned in a previous post. When I saw the change in payouts, I recall Trump going up by A LOT, whereas the Biden payout was around 1.03 or 1.07 at the time. Based on those numbers, I can't see any incentive for somebody to risk money on Biden if the Return On Investment (ROI) is only 3%. Who would take such a chance for such little reward? I speculate that this was pre-planned since Unibet can hide behind their terms and conditions so that if and when the result is overturned, they get to keep the money they (again, speculating) acquired from people betting on Trump. This looks planned. Nothing else makes sense. Any lawyers on this forum?

Does anybody here know how the lawsuits against Unibet would actually be filed? It's one thing to talk about it here on a forum, yet it's quite another to make it happen.

You missed the point. I said that democrats in the past have claimed voter fraud, but because it's Trump, there's 0 evidence? Something's not right.

I have sent Unibet's email support an onslaught of emails explaining that there is more than adequate reasonable doubt and they are hiding behind their terms and conditions to justify their decision. According to my bet slip, I placed a few extra bets on Trump when the payout was as follows: November 6, 2020 2 @ 15.00 1 @ 13.00 November 5, 2020 1 @ 9.50 1 @ 10.00 1 @ 12.00 1 @ 8.00 1 @ 6.00 Question: Why would they create such astronomical payouts for betting on Trump? Could it be that prematurely settling the bets was planned ahead of time so that they could get massive payouts? Did they know ahead of time? When I contacted live support, it was clear that Unibet was aware that Trump would be taking this issue to court, so right away, that's reasonable doubt AND UNIBET KNEW and decided to pay out as if Biden is the official winner. I sent them a bunch of emails trying to explain this and the main message I am getting back is that the original decision will stand, which is totally unfair. Something fishy seems to be going on here. This is very disappointing that Unibet made this decision.

I certainly hope there are lawsuits against Unibet if and when the decision changes.